Samsung, SK hynix, Micron Sued in US Over Memory Price Fixing

Samsung Electronics, SK hynix, and Micron face a lawsuit in the US over alleged memory price fixing. Plaintiffs claim the companies colluded on supply and pricing for DRAM, leading to price increases of about 700% in the past four years. The lawsuit, filed by individual consumers and small businesses, alleges that the companies reduced DRAM supply under the pretext of transitioning to high-bandwidth memory (HBM).